Anonymous wrote:
Anonymous wrote:OP checking in.
I can't exactly say what prompted me to start this post beyond that it was a slightly surreal moment realizing you'd likely made someone's life complicated in just a few minutes of emails. But I am amused by the responses and getting some proper laughs from them.
There's no shortage of student housing surrounding the university and adjoining neighborhoods are predominately group homes for the students so I'm not losing sleep if several grad students have to move. I was intrigued by the suggestion that perhaps parents of a student had bought the house, but the listing clearly describes five furnished bedrooms for rent in a five bedroom house, so who knows what the story is.
Asking rent was $1000+ per bedroom. If a family had bought this house with 20% down, monthly PITI would probably be $4k. Food for thought. The neighborhood association prez was not pleased by this discovery. Understandably. I doubt people would have issues with a homeowner renting a spare room in the attic to a grad student, which likely does/has happened as most surrounding owners are faculty. But buying a house in this neighborhood expressly to rent it out as a group home is a different story. So I don't feel guilty in the long run. If that was the intention of the buyers, they had several other neighborhoods nearby where this could have been done. So they're learning a lesson.
So it is a 5 bedroom, and they are asking $1k a month per room with PITI $4k.
Their expenses, maintenance, etc are on top of that. You think they are making bank on this? You are delusional and also psychotic to be invested in this…. but they are probably more delusional for thinking this will make them money.